Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) Short Interest Update

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEY) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,438 shares, a drop of 55.2% from the August 31st total of 3,211 shares. Based on an average daily trading volume, of 3,270 shares, the days-to-cover ratio is currently 0.4 days.

Kyushu Electric Power Price Performance

Shares of OTCMKTS:KYSEY traded down $0.01 during trading on Tuesday, reaching $13.19. 1,383 shares of the company’s stock traded hands, compared to its average volume of 3,403. Kyushu Electric Power has a 12 month low of $9.80 and a 12 month high of $19.00. The company has a 50 day moving average of $12.94 and a 200-day moving average of $11.77.

Kyushu Electric Power (OTCMKTS:KYSEY) last issued its earnings results on Friday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter. The business had revenue of $3.34 billion during the quarter.

Kyushu Electric Power Company Profile

Kyushu Electric Power Co, Inc is a Japanese electric utility that generates, transmits and distributes electricity primarily across Kyushu, Japan’s southwestern main island. The company serves residential, commercial and industrial customers through electricity retail and related energy services.

Its generation portfolio includes nuclear, thermal, hydroelectric and renewable energy facilities. Kyushu Electric Power has also pursued solar, wind and other lower-carbon energy projects, while maintaining and modernizing the regional power infrastructure needed to deliver electricity reliably.

Founded in 1951 following the reorganization of Japan’s electric power industry, the company has expanded beyond its core utility operations into areas including telecommunications, information technology, environmental and energy-related services, and overseas business activities.